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Projecting Education Expenditure

Ian McGill

In 1979/80 the government set aside $1,047,140,000 for education. That is 5.2% of our Gross Domestic Product. Spending on Education has been increasing but now fewer babies are being born, immigration has almost ceased, emigration is at an all time high, times are tougher economically, so how may education expect to fare? Experts on population changes and finance can look into the future and show us our options reasonably clearly,. but they cannot predict the future. Calculated guesses about school enrolments will, for example, help us invent possible ways of spending our taxes in the future, but they will not tell us how the money will in fact be spent. Everyone must decide which possible solution fulfils their hopes best and then tell the politicians; they have the job of finding the most acceptable solution.

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